answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ksivusya [100]
2 years ago
12

Murkywater Company is considering a lockbox system. Its collection delay is currently 12 days.

Business
1 answer:
Anna007 [38]2 years ago
7 0

Answer:

$6,400,000

Explanation:

Reduction in mailing time = 1.5 day

Reduction in clearing time = 1.5 day

Reduction in firm processing time = 1.0 day

Total = 4.0 days

Daily interest on Treasury bills = 0.025%

Average number of daily payments to lockboxes = 4,000

Average size of payment = $400

The value of the proposal will be the average number of daily payments to lockboxes multiplied by the total of 4 days which is then multiplied by the average payment size. This will be:

= 4000 × $400 × 4

= $6,400,000

You might be interested in
b. When launching a new brand, we discussed in lecture that it is best to build the brand first with PR, and then sustain it wit
SashulF [63]

When launching a new brand, it is best to build the brand first with PR, and then with advertising is explained in the following way

Explanation:

In the past, almost every new brand was launched with a big advertising campaign. In today's media environment, that's not a good idea. Advertising is expensive and not very credible, especially when used on behalf of a new brand. That's why many of the most successful new brands were launched with PR.

Launching a new brand with PR, however, raises a number of questions.If no advertising agency is involved, who does the positioning strategy.

To stimulate your thinking about these ,here is an outline of six steps a PR launch might take.

1. The leak -A PR program usually starts with a leak to key reporters and editors. Internet sites are often favorite targets.

But no big brand has ever been successful in a category with no competition. The best thing that ever happened to Coca-Cola is Pepsi-Cola.

Not a good idea. The more competitors in a category, the larger the category. Competition creates enormous consumer interest in the category and stimulates a lot of PR.

Advertising is different. An advertising program is launched like a D-day attack. It's usually kept a top secret until the day the first ad runs.

It would have been better to let the PR run for a few months before launching the advertising. In turn, the ads could then focus on the success of the launch. (Nothing succeeds like success.)

2. The slow buildup

A PR program slowly unfolds like a flower blooming. A company has to allot enough time for the PR to develop momentum. That's why a PR launch often starts before the details of a new product or service are firmly fixed.

Advertising is different. An advertising program usually starts with a "big bang." Since consumers tend to ignore advertising messages, a new ad program needs to be big and bold enough to get above the "noise level."

3. The recruitment of allies

Why go it alone when you can get others to help communicate your message? The slow buildup of a PR program allows enough time to recruit allies to your cause.

Advertising is different. With a big-bang launch, there usually isn't enough time to line up supporters. Also, advertising alliances usually fall apart over the question of who pays for what.

4. Product modification

Feedback is an important element in a PR launch. By launching the PR program ahead of the actual product introduction, t

Advertising is different. Once a big-bang advertising program is launched, a company is committed.

5. Message modification

Feedback from a PR program also allows a company to modify the brand's message for greater consumer appeal.

6. The soft launch

PR versus advertising

In almost every way, the launch of a brand via PR is exactly the opposite of how a brand is currently launched with an advertising program.

5 0
2 years ago
A stadium was fined $186,000 by the city due to the traffic issues that were caused by a stadium's inability to handle traffic f
In-s [12.5K]

Answer:

$83000

Explanation:

Given: Stadium is fined for $186000

           Other parking expense is $163000

           Revenue generated by stadium in parking= $432000.

Now, calculating profit:

Profit= Revenue - expense

Profit= 432000-186000-163000= 432000-349000

∴ Profit= $83000

∴ Total profit made for parking that day is $83000.

3 0
2 years ago
Read 2 more answers
Acme Manufacturing is producing $4,020,000 worth of goods this year and expects to sell its entire production. It also is planni
Arturiano [62]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

3 0
2 years ago
g Ken Francis is offered the possibility of investing $2,745 today; in return, he would receive $10,000 after 15 years. What is
Furkat [3]

Answer:

9.00%

Explanation:

If Ken Francis' original investment (P) is $2,745 and the future value (FV), after a period (n) of 15 years, is $10,000, the annual interest rate (r) for this investment is given by:

FV = P*(1+r)^n\\r=\sqrt[n]{\frac{FV}{P}} -1\\r=\sqrt[15]{\frac{10,000}{2,745}} -1\\r=0.0900 = 9.00\%

The annual rate of interest for this investment is 9.00%.

3 0
2 years ago
Which of the following environments will be LEAST conducive to fraud? a. Perceived inequalities in the organization and inadequa
egoroff_w [7]

Answer:

The answer is C. Proactive management

Explanation:

Proactive management looks ahead. They are not reactive. They envisage problems before it occurs. They institute or set up internal controls which will not be conducive to fraud. Internal controls like segregation of duty, dual control, authorization etc.

But in an organization where perceived inequalities are rife, employees will tend to play fast because they are not satisfied.

Also, when unreasonable budget are set by the management, employees tend to do all things possible to achieve this budget so as to keep their job. This breeds the thought of fraud.

High employee turnover too can lead to fraud because staffs know they wont stay too long.

4 0
2 years ago
Other questions:
  • You are the manager of a firm that receives revenues of $40,000 per year from product X and $80,000 per year from product Y. The
    12·1 answer
  • Today's consumers do not need to rely on marketer-supplied information about products and services because they can use ________
    9·1 answer
  • Activity 7-8 is directly preceded by two activities—activity 5-7 and activity 6-7. Activity 5-7 has an expected time of five and
    7·1 answer
  • Jack Corp. has a profit margin of 6.4 percent, total asset turnover of 1.77, and ROE of 15.84 percent. What is this firm’s debt-
    5·1 answer
  • We respect our employees and value their diversity" is an example of a statement you are most likely to find in the organization
    14·1 answer
  • At the beginning of the year, Nothing More, Corp., had a long-term debt balance of $36,554. During the year, the company repaid
    7·1 answer
  • Un Company sold office equipment with a cost of $23,000 and accumulated depreciation of $12,000 for $14,000. Required a. What is
    10·1 answer
  • You've been taking notes for your boss during his meetings with the Senior Executive for the organization. You notice that every
    8·1 answer
  • The sales for​ January, February, and March are​ $150,000, $180,000 and​ $220,000, respectively. For any particular month of​ sa
    8·1 answer
  • Pearson Motors has a target capital structure of 30% debt and 70% common equity, with no preferred stock. The yield to maturity
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!